A newspaper published in Turkey reported that the government in Ankara intends to suspend the provision of state support to large electricity consumers. According to the published data, starting next month, companies consuming large volumes of electricity will no longer be able to calculate state subsidies in this area. The decision to suspend state support was made within the framework of current measures on budgetary economic means. This decision may lead to an increase in the cost of electricity for large consumers, which, in turn, may affect end consumers and different prices for electricity. According to the representatives of the government, the goal of eliminating state support is budgetary economics and optimizing spending. The country is facing a number of economic challenges, and the authorities are taking measures to maintain stability and manage finances.
Turkey to End Electricity Subsidies for Large Consumers
The official gazette in Turkey announced that Ankara will terminate government subsidies for large electricity consumers, signaling major changes in energy policy and economic strategy.
